Courtesy of Matthews of Arizona, Bradley Skenderian Listing Contact: 949-533-5594
11 Beds
5 Baths
$639,000
2242 E TAYLOR Street, Phoenix AZ, 85006
Built in1944
Property typeMulti-family
Overview
Active
Listed Sep 3, 2026
Updated 2 weeks ago
A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. Each of the units have been updated within the last few years; however, future ownership will have the opportunity to capture additional upside through continued interior and exterior renovations. The asset is situated with convenient access to Downtown Phoenix, Sky Harbor International Airport, and major transportation corridors including Loop 202 and I-10. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.
Additional information
- MLS® ID
- 7075484
Interior Features
- Bedrooms
- 11
- Bathrooms
- 5
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Other Property Details
- Taxes
- $1,093
- Tax Frequency
- Annually
- Maintenance Expense
- $2,500
- Municipality
- 1N
Courtesy of Matthews of Arizona, Bradley Skenderian
Listing Contact: 949-533-5594
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Data Last Updated: 3:29 AM UTC, 10/20/2026.
